Hebei Jinniu Chemical Industry Co (SHSE:600722) Cyclically Adjusted PS Ratio: 12.65 (As of Aug. 13, 2026) — 300% Above Median

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SHSE:600722 Hebei Jinniu Chemical Industry Co Ltd SHSE:600722
63 GF Score
Price ¥12.52
GF Value ¥4.14
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Hebei Jinniu Chemical Industry Co Cyclically Adjusted PS Ratio?

Hebei Jinniu Chemical Industry Co SHSE:600722 +5.56% 63 Cyclically Adjusted PS Ratio is 12.65 as of Aug. 13, 2026, which is 300% above its 10-year median of 3.16. GuruFocus rates SHSE:600722 with a GF Score™ of 63/100 and a GF Value™ of ¥4.14 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,272 Chemicals companies, Hebei Jinniu Chemical Industry Co ranks worse than 94.81% on this metric.

As of today (2026-08-13), Hebei Jinniu Chemical Industry Co's current share price is ¥12.52. Hebei Jinniu Chemical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥0.99. Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio for today is 12.65.

The historical rank and industry rank for Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

SHSE:600722' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 3.16   Max: 17.55
Current: 11.49

During the past years, Hebei Jinniu Chemical Industry Co's highest Cyclically Adjusted PS Ratio was 17.55. The lowest was 1.22. And the median was 3.16.

SHSE:600722's Cyclically Adjusted PS Ratio is ranked worse than
94.81% of 1272 companies
in the Chemicals industry
Industry Median: 1.34 vs SHSE:600722: 11.49

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Hebei Jinniu Chemical Industry Co's adjusted revenue per share data for the three months ended in Mar. 2026 was ¥0.148. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ¥0.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hebei Jinniu Chemical Industry Co  (SHSE:600722) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Hebei Jinniu Chemical Industry Co Cyclically Adjusted PS Ratio Related Terms


Hebei Jinniu Chemical Industry Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hebei Jinniu Chemical Industry Co Cyclically Adjusted PS Ratio Chart

Hebei Jinniu Chemical Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.14 3.88 4.59 5.97

Hebei Jinniu Chemical Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 6.33 6.33 5.97 15.02

SHSE:600722 vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hebei Jinniu Chemical Industry Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio falls into.


SHSE:600722
63GF Score
Hebei Jinniu Chemical Industry Co Ltd SHSE:600722
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hebei Jinniu Chemical Industry Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.52/0.99
=12.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hebei Jinniu Chemical Industry Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hebei Jinniu Chemical Industry Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.148/116.3033*116.3033
=0.148

Current CPI (Mar. 2026) = 116.3033.

Hebei Jinniu Chemical Industry Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.280 101.400 0.321
201609 0.257 102.400 0.292
201612 0.301 102.600 0.341
201703 0.328 103.200 0.370
201706 0.312 103.100 0.352
201709 0.323 104.100 0.361
201712 0.180 104.500 0.200
201803 0.280 105.300 0.309
201806 0.396 104.900 0.439
201809 0.430 106.600 0.469
201812 0.301 106.500 0.329
201903 0.346 107.700 0.374
201906 0.308 107.700 0.333
201909 0.374 109.800 0.396
201912 0.126 111.200 0.132
202003 0.296 112.300 0.307
202006 0.117 110.400 0.123
202009 0.134 111.700 0.140
202012 0.119 111.500 0.124
202103 0.187 112.662 0.193
202106 0.215 111.769 0.224
202109 0.197 112.215 0.204
202112 0.236 113.108 0.243
202203 0.222 114.335 0.226
202206 0.226 114.558 0.229
202209 0.230 115.339 0.232
202212 0.291 115.116 0.294
202303 0.230 115.116 0.232
202306 0.139 114.558 0.141
202309 0.169 115.339 0.170
202312 0.214 114.781 0.217
202403 0.188 115.227 0.190
202406 0.161 114.781 0.163
202409 0.187 115.785 0.188
202412 0.197 114.893 0.199
202503 0.171 115.116 0.173
202506 0.174 114.907 0.176
202509 0.188 115.471 0.189
202512 0.157 115.832 0.158
202603 0.148 116.303 0.148

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 12.65 mean?
Hebei Jinniu Chemical Industry Co (SHSE:600722) has a Cyclically Adjusted PS Ratio of 12.65 as of Aug. 13, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hebei Jinniu Chemical Industry Co and its competitors. This is 300% above median its historical median of 3.16. Over the past decade, Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio has ranged from 1.22 to 17.55. According to the industry distribution chart, Hebei Jinniu Chemical Industry Co ranks #1206 out of 1272 companies in the Chemicals industry, placing it in the top 94.8%.
Is Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio too high?
Hebei Jinniu Chemical Industry Co's current Cyclically Adjusted PS Ratio of 12.65 is 300% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 17.55. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.34. Hebei Jinniu Chemical Industry Co's value of 12.65 is 844% above this industry median. Based on the distribution chart, Hebei Jinniu Chemical Industry Co ranks #1206 out of 1272 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Hebei Jinniu Chemical Industry Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Jinniu Chemical Industry Co's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Hebei Jinniu Chemical Industry Co ranks #1206 out of 1272 companies for Cyclically Adjusted PS Ratio. This places Hebei Jinniu Chemical Industry Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Hebei Jinniu Chemical Industry Co's value of 12.65 is 844% above this benchmark. Historically, Hebei Jinniu Chemical Industry Co's own Cyclically Adjusted PS Ratio has ranged from 1.22 to 17.55 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.34, Hebei Jinniu Chemical Industry Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.34, based on 1,272 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hebei Jinniu Chemical Industry Co's current Cyclically Adjusted PS Ratio of 12.65 is 844% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Hebei Jinniu Chemical Industry Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Jinniu Chemical Industry Co's current Cyclically Adjusted PS Ratio is 12.65, which is 300% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Jinniu Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Jinniu Chemical Industry Co (SHSE:600722) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.14, compared to a current price of ¥12.52 — trading 202.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.65, which is 300% above median its 10-year median of 3.16 and 844% above the Chemicals industry median of 1.34. Hebei Jinniu Chemical Industry Co's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Hebei Jinniu Chemical Industry Co (SHSE:600722), the current Cyclically Adjusted PS Ratio is 12.65 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hebei Jinniu Chemical Industry Co (SHSE:600722) Overvalued in 2026?

Based on GuruFocus' analysis, Hebei Jinniu Chemical Industry Co stock appears to be overvalued. The current stock price of ¥12.52 is trading 202.4% above its estimated GF Value™ of ¥4.14. GuruFocus considers Hebei Jinniu Chemical Industry Co to be Significantly Overvalued.

Key valuation signals for SHSE:600722:

  • Cyclically Adjusted PS Ratio: 12.65 (300% above median its 10-year median of 3.16)
  • GF Value™: ¥4.14 vs. price of ¥12.52 (202.4% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 844% above the Chemicals median (#1206 of 1272)

No single metric tells the full story. See the SHSE:600722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hebei Jinniu Chemical Industry Co Business Description

Address No. 98 Huanghe Avenue, 21st Floor, Aoyi Building, Yuhua District, Hebei Province, Shijiazhuang, CHN, 050000
Hebei Jinniu Chemical Industry Co Ltd is engaged in the manufacturing and sales of acetylene, hydrogen chloride gas, vinyl chloride, hydrochloric acid, compressed air, nitrogen, caustic soda, liquid chlorine, hydrogen, hydrochloric acid, sodium hypochlorite, and sulfuric acid.
63GF Score

Get the complete analysis for SHSE:600722

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.52
Price
¥4.14
GF Value